Penalty under Section 10 CDS (ITP) Act not to be initiated for voluntary amnesty declarations made by the prescribed deadline. Declarations of higher income made suo moto in response to amnesty circulars before 31 March 1986 for AY 1985-86 or earlier are to be treated as due to reasonable cause and penalty under section 10 of the CDS (ITP) Act 1974 need not be initiated; the Board extended equivalent non-initiation treatment to income disclosed up to 30 September 1986 for disclosures relating to AY 1986-87 or earlier.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Penalty under Section 10 CDS (ITP) Act not to be initiated for voluntary amnesty declarations made by the prescribed deadline.
Declarations of higher income made suo moto in response to amnesty circulars before 31 March 1986 for AY 1985-86 or earlier are to be treated as due to reasonable cause and penalty under section 10 of the CDS (ITP) Act 1974 need not be initiated; the Board extended equivalent non-initiation treatment to income disclosed up to 30 September 1986 for disclosures relating to AY 1986-87 or earlier.
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